TomProTrader

NKE: SEEKING SHORT BEAR MOVE SOON, INTO DEEPER CYCLIC MOVE #NIKE

Nike (NYSE:NKE)  
NYSE:NKE   Nike
7
Traders

Nike is looking weak, we are showing signs of a tired up move, topping out, and i'm expecting a cyclic correction very, very soon. We will start with a minor correction, and probably gently sift into the lows, into the mean. We are seeking the bear impulse leg still, but I think I have found it today to be honest, and I think we are literally about to see the impulse leg towards the mean, giving us good profits.

Best of luck
Tom

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